Guardian Pharmacy Class B Converts to Class A, Insider Group Holds 43.9%
GRDN sits 76% above its 52-week low of $23.14.
Summary
Guardian Pharmacy's Class B shares converted to Class A on September 27, 2026, giving the Bindley-led insider group 43.9% ownership of the now single-class structure.
Key Events · Ownership and Investor Activity · GRDN
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Class B Converts to Class A
13,521,396 Class B shares automatically converted to Class A on September 27, 2026, eliminating the dual-class structure.
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Insider Group Holds 43.9%
The reporting group collectively owns 27,822,550 Class A shares, representing 43.9% of 63,320,300 shares outstanding.
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Bindley Capital Largest Holder
Bindley Capital Partners I, LLC holds 16,669,666 shares (26.3%), with William E. Bindley and Thomas J. Salentine, Jr. sharing voting power.
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No New Transactions
No purchases or sales were reported in the 60 days preceding the filing; the change is purely structural from the conversion.
Analysis · GRDN · Trade & Services
On September 27, 2026, 13,521,396 shares of Class B common stock automatically converted into Class A common stock under the company's amended charter. This conversion eliminates the dual-class structure and consolidates voting power into a single class. The reporting group — led by Bindley Capital Partners — now collectively controls 27,822,550 Class A shares, or 43.9% of the 63,320,300 shares outstanding. The conversion is a structural event that changes the voting dynamics and float composition, though no shares were sold or purchased in connection with it.
How filings like this one have moved
In the 30 days to Oct 2, 2026, 29.9% of the 1661 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.57%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, GRDN was trading at $40.74 on NYSE in the Trade & Services sector, with a market capitalization of approximately $2.6B. The 52-week trading range was $23.14 to $48.33. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.